Key takes outs:
- renegotiation of merchant terms with MasterCard and visa upcoming (improving profit margins)
- no debt with $100m cash at bank
- PFS business in good shapes with diversified revenue circa 42% coming from ongoing welfare and government payments. As stimulus continues this will improve.
- banking services rollout in 8 new European locations
- gift card segment whilst representing circa 40% of total revenues, 30% of this comes in 1-2 weeks in December.
- salary packaging and gaming revenues seem ok which are pleasing
any thoughts / comments from long term EML holders?
Key takes outs:- renegotiation of merchant terms with MasterCard...
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